2/50 Geneva CrescentLake Albert NSW 2650
Property Details for 2/50 Geneva Cres, Lake Albert
2/50 Geneva Cres, Lake Albert is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1988. The property has a land size of 926m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (August 2021)
Situated on the Lake Albert foreshore and only a stone's throw to the Lake itself, we are excited to present to the market for your opportunity, 1 & 2/50 Geneva Crescent!
Providing a successful rental history and low vacancy track record, each unit offers a flat level design with open plan living, well equipped kitchen & 2 good sized bedrooms with built in robes. Bathroom with internal laundry, carport with private courtyard, split system air conditioning and gas heating.
Situated in a quiet street, on 935sqm of low maintenance grounds. Within walking distance to the Lake Albert shopping centre, pub, shops, and easy access to public transport.
With plenty of scope to further capitalize, this is an opportunity like no other; these vendors are serious.
**Leased at $220/wk each unit**
Property History for 2/50 Geneva Cres, Lake Albert, NSW 2650
- 29 Jul 2021Sold for $510,000
- 23 Jun 2021Listed for Sale Contact Agent
- 29 Oct 2016Listed for Rent - Price not available
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About Lake Albert 2650
The size of Lake Albert is approximately 24.7 square kilometres. It has 10 parks covering nearly 3.5% of total area. The population of Lake Albert in 2011 was 5,881 people. By 2016 the population was 6,190 showing a population growth of 5.3% in the area during that time. The predominant age group in Lake Albert is 10-19 years. Households in Lake Albert are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Albert work in a professional occupation. In 2011, 81.2% of the homes in Lake Albert were owner-occupied compared with 79.7% in 2016.
Lake Albert has 2,787 properties. Over the last 5 years, Houses in Lake Albert have seen a 89.21% increase in median value, while Units have seen a 54.50% increase. As at 31 October 2024:
- The median value for Houses in Lake Albert is $705,537 while the median value for Units is $353,259.
- Houses have a median rent of $520 while Units have a median rent of $320.
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